Registration/Licensing of Additional Payment Term of 7 Years Covering Participating Pension Plan (Plan Right) Worth P159,026,522.00

May 23, 2008

NON-TRADITIONAL SECURITIES AND INSTRUMENTS DEPARTMENT

IN THE MATTER OF MANULIFE FINANCIAL PLANS, INC., registrant.

REGISTRATION/LICENSING OF ADDITIONAL PAYMENT TERM OF SEVEN (7) YEARS COVERING PARTICIPATING PENSION PLAN (PLAN RIGHT) WORTH P159,026,522.00

O R D E R

Upon consideration of the registration statement and its papers and documents attached thereto filed for and on behalf of MANULIFE FINANCIAL PLANS, INC., the Commission in its meeting on May 22, 2008 rendered effective the registration and licensing of Additional Payment Term of Seven (7) Years Covering 1,168 Participating Pension Plan (PLAN RIGHT) worth One Hundred Fifty Nine Million Twenty Six Thousand Five Hundred Twenty Two Pesos (P159,026,522.00) of said corporation subject to the prescribed terms and conditions of the permit. HCATEa

Accordingly, a Certificate of Permit to Sell Securities is hereby issued authorizing the sale of Additional Payment Term of Seven (7) Years Covering 1,168 Participating Pension Plan (PLAN RIGHT) worth One Hundred Fifty Nine Million Twenty Six Thousand Five Hundred Twenty Two Pesos (P159,026,522.00). 1upsec08

However, the issuance thereof is only permissive and does not constitute a recommendation or...

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